Oireachtas Joint and Select Committees
Thursday, 7 December 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion
9:00 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
Is that directly from the banks? The Central Bank is carrying out an investigation at the moment. It seems unusual that two institutions of the State that are doing the same work and ultimately want to get the best result for the consumer are doing it separately. The Central Bank is effectively carrying out a trawl of the banks with regard to the cohort of people who are impacted by trackers. Of that 540, Mr. Deering's understanding from the Central Bank is that only 80 of those are deemed to be in that cohort. Is that correct?
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